SDIC

Chinese Education Goes Global: Capturing a Trillion-Dollar Market

A TikTok filter challenge called "Mandarin Fruit Voices" has gone viral. Essentially a straightforward Mandarin learning game with crude animations, minimalist gameplay, and fruit-based pronunciation exercises drawn from early childhood education materials, it has nonetheless captivated international users. For those who once struggled with English, the long-held dream of a world united by Chinese now appears increasingly within reach.

PingPong Among First Asian Payment Firms to Support Wero Transactions

Global payment platform PingPong recently announced it will be among the first Asian payment companies to support business use of Wero. In October this year, Wero will launch its To B payment service. After launch, businesses will be able to access this unified European digital payment service via PingPong, reaching 250 million European users.

Microsoft, Meta, Apple and Amazon Released Earnings Reports, All Surpassing Expectations

On July 31, Microsoft and Meta respectively released their latest quarterly earnings reports, with both performances far exceeding market expectations.

Trump Has Issued Tariff Threats to 14 Countries

On July 7, local time, U.S. President Donald Trump announced on social media that he had sent tariff letters to multiple countries. As of now, he has issued the latest tariff threats to 14 countries.

Chinese Startup Banma Raises Another CNY 3 Billion

On July 14, Banma Intelligent Automobile announced a new round of funding led by Alibaba, SAIC Group, state-backed SDIC Fund Management Co. and Yunfeng Financial Group.